Colombia.(COLOMBIA)
COLOMBIA said it plans to buy back US$4.20 billion in foreign debt
due in 2006 and in 2011, depending on the demand from bondholders. The
government will use cash reserves purchased from the . . .
Amnet Telecommunications.(CENTRAL AMERICA)
AMNET TELECOMMUNICATIONS, a Central American telecommunications
company, chose Cedar Point, a U.S. technology company, to supply it with
multimedia switching technology for its networks in El . . .
Alliant Energy.(BRAZIL)
ALLIANT ENERGY, a U.S. energy company, will sell all of its
Brazilian investments for US$152 million to Sobrapar, a Brazilian
investment firm, and businessman Antonio Jose Carneiro. Alliant will . . .
El Banco Nacional de Desenvolvimento Economico e
Social.(BRAZIL)
EL BANCO NACIONAL DE DESENVOLVIMENTO ECONOMICO E SOCIAL,
Brazil's state-owned development bank will lend Suzano Bahia Sui
Celulose, a Brazilian paper and timber company, US$1.09 billion to
expand a . . .
The Ministry of Transport and Public Works of
Uruguay.(LOGISTICS)
THE MINISTRY OF TRANSPORT AND PUBLIC WORKS OF URUGUAY has approved
a US$254 million private investment in a port and real estate complex in
Punta del Este, including a recreation-oriented port with . . .
Sigdo Koppers.(CHILE)
SIGDO KOPPERS, a Chilean holding company, will invest US$50 million
on a packing materials plant in Argentina. The facility will produce
37,500 tons of packaging and lamination plastics a year and . . .
Santander Bancorp.(CARIBBEAN)
SANTANDER BANCORP, a Spanish financial institution, bought for an
undisclosed sum Island Finance, a Puerto Rican consumer-finance lender,
from Wells Fargo, a U.S. financial institution. Island . . .
El Paso.(BRAZIL)
EL PASO, a U.S. natural gas company, agreed to sell for US$190
million a 60% stake in Araucaria, a Brazilian power plant, to Copel, a
Brazilian energy company. Petrobras, Brazil's state-owned . . .
Gran Tierra Energy.(ARGENTINA)
GRAN TIERRA ENERGY, a Canadian energy company, plans to buy for
US$37.8 million oil exploration and production fields in Argentina from
Compania General de Combustibles, an Argentine oil company. . . .
MasterCard Europe.(CAREERS)
JAVIER PEREZ has been named president of MasterCard Europe. Perez
reports to Alan Heuer, chief operating officer, and has responsibility
for the 53 countries in Europe. Since 2004, Perez has been . . .
Sociedad Quimica y Minera de Chile.(CHILE)
SOCIEDAD QUIMICA Y MINERA DE CHILE, a Chilean chemicals company,
bought for US$72 million the Chilean iodine and iodine-derivatives
assets from DSM Group, a Dutch . . .
Embraer.(BRAZIL)
EMBRAER, a Brazilian aircraft manufacturer, said China Eastern
Airlines agreed to buy five of its ERJ 145 LR model airplanes from
Harbin Embraer, a joint venture between Embraer and China . . .
Petrobras.(BRAZIL)
PETROBRAS, Brazil's state-run oil company, plans to buy for
US$370 million a 50% stake in the Pasadena Refinery System, a Texas oil
refinery, from Astra Oil Trading, a U.S. energy . . .
Busy bodies.(PANORAMA)(DaimlerChrysler AG)(JATCO Corp.)(Nissan
Motor Company Ltd.)(Brief article)
The Mexican automobile sector is revving up. Jatco, a Japanese
autoparts manufacturer, opened a US$300 million production facility in
Aguascalientes, Mexico. The new plant will create 700 jobs and . . .
Strategic Hotels & Resorts.(TRAVEL)(Strategic Hotel Capital
Ltd.)(Brief article)
STRATEGIC HOTELS & RESORTS, a U.S. luxury hotel investment
company, bought US$29.5 million in land from La Solana Hoteles Villas, a
Mexican hotel operator. The deal gives Strategic Hotels & . . .
Colombia Telecomunicaciones (Telecom).(COLOMBIA)
COLOMBIA TELECOMUNICACIONES (TELECOM), Colombia's state-owned
telephone company, bought for US$94.4 million control of Barranquilla
Telecomunicaciones, another state-owned phone company. The deal . . .
On Track Innovations.(CENTRAL AMERICA)
ON TRACK INNOVATIONS, a U.S. smart-card manufacturer, said Costa
Rica placed an order for an undisclosed amount of its EasyFuel cards,
which allow for wireless gasoline and oil payments. Financial . . .
Embraer.(BRAZIL)
EMBRAER, a Brazilian aircraft manufacturer, sold two of its Legacy
600 business aircraft, one to Premiair, an Indonesian airline, and the
other to an undisclosed company. The company values the . . .
Petrobas.(BRAZIL)
PETROBRAS, Brazil's staterun energy company, plans to buy for
US$375.5 million control of El Paso Rio Claro and El Paso Rio Grande,
both Brazilian energy . . .
LT events: Latin Trade poll of chief financial officers in Latin
America, January 2006.(INTELLIGENCE)(Brief article)(Statistical
What were the main drivers for your firm's success in reducing costs?
Business process re-engineering 66.7%
Outsourcing/shared services 66.7%
Organization transformation 58.3%
. . .
All-new 2010 Ford Transit Connect
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